The consumption multiplier of government spending: the role of substitutability between government spending and leisure

DOI10.1016/J.ECONLET.2024.111557OpenAlexW4391047906WikidataQ129669525 ScholiaQ129669525MaRDI QIDQ6154277

Yuhki Hosoya, Mai Yamada, Masataka Eguchi

Publication date: 19 March 2024

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2024.111557

zbMATH Keywords

complementarityfiscal multipliersubstitutabilitynon-separable preferences

Mathematics Subject Classification ID

Utility theory (91B16) Macroeconomic theory (monetary models, models of taxation) (91B64) Consumer behavior, demand theory (91B42)

Cites Work

• Can government spending increase private consumption? the role of complementarity
• Can fiscal spending stimulate private consumption?
• Deep Habits
• An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output

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